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LeanieBean (24.83)

Now, more than ever, Costco?

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May 19, 2008 – Comments (3) | RELATED TICKERS: COST

I have to caveat this perhaps a bit with my growing older and possibly "more mature", but I find myself shopping at Costco now more than ever to stock up on/purchase the basics these days.

Maybe I am thinking about my dollars more, and what I buy more consciously...but then on the other hand, I think too maybe it's not just me, and it'll be the increasing wave of consciousness as we head to gas prices of $4 and beyond...stocking up on staples, and selectively making trips for the smaller / more particular items.

So, I find myself reflecting on a few things...

When I bought my new tires that I so desperately needed...and thought yeah, I want some goodies like Michelin that may help alleviate my fear of hydroplaning action...I got my tires as Costco since they had them...and the guys at the counter said, "if you come next week for the sale, you'll get $60 cash back".

When my brother needed new glasses recently, and wanted to save some $$ and get nice frames, we again, hit up Costco (eh hemm...they have nice brands and he paid at least $250 less than I did on my last pair)...

And last night I figured hey, I'm always running to CVS to pickup more Dove soap, why not save trips and get the big pack at Costco...

In the end, I think it'll mean less shopping/errands for me, and possible gas savings. Quite possibly a healthier me too as now I am bringing little zip-locks of Kirkland trail mix to work, instead of my trips to the vending machine for spur of the moment "energy"...

So, I have to wonder, is anyone else seeing a change to their habits/making more out of their trips to Costco and/similar outlets?

What might it mean for COST in these tighter economic times?

Possibly goodness in shareholderness? (Yes, I am big on the "ness", having seen You, Me and Dupree on HBO one too many times now :o) )

3 Comments – Post Your Own

#1) On May 19, 2008 at 10:29 AM, VTEngineer2001 (< 20) wrote:

I too, find myself shopping more at Costco. Buying bulk saves in cost per item and in gas. However, not all of Costco's products are cheaper than in other retail stores. Also, I am an executive member, and getting over $100 rebate check every spring offsets the $100 price tag for the membership cost. I just hate the long lines....

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#2) On May 19, 2008 at 10:44 AM, Gemini846 (91.33) wrote:

Everyone hates the long lines. I hate finding parking and driving out of my way to get to one too (ditto walmart supercenter and sams).

I buy my basic staples online. Soap, TP, Cereal, Sports Drinks, the "Zip Locks", Vitamins, Frozen Meats, Canned Goods.

I put it on a schedule so it helps me budget too. My local grocier after work handles eggs, milk and fresh produce. I can be in and out in 10 min.

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#3) On May 19, 2008 at 11:46 AM, leohaas (99.28) wrote:

Costco or BJs are the way to go. I save hundreds a year shopping at BJs in bulk. It is a no-brainer.

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